Tag: Asia
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Fears of Chinese Predatory Lending in Central Asia
The Chairman of Kyrgyzstan's Council of Ministers, Akylbek Zhaparov, repeated debunked accusations on Wednesday that China seized strategic assets in both Pakistan and Sri Lanka when they couldn't afford to repay their debts. He warned that the same could happen in his Central Asian country unless all debts to ...
U.S. Forms Coalition to Break China’s Hold on Critical Mineral Supply Chains
The United States, along with partner countries in North America, Europe, and Asia unveiled a new Mineral Security Partnership (MSP) pact earlier this month that aims to challenge China's control of supply chains for critical resources like cobalt and rare earths.
What Transsion Did in Africa’s Mobile Phone Market, Chinese Device Maker Realme is Doing in India
The Chinese brand RealMe isn’t well known in China, but it managed to zoom to the number 3 position in India’s notoriously competitive mobile phone market. With a 16% market share, the company is now only behind Samsung (20%) and China’s Xiaomi (23%.) ...
Debt Warnings Are Flashing in Laos
How China acts in the Zambian debt restructuring process will no doubt be closely watched in Laos. This is because of rising fears that the Southeast Asian country could be the next to fall into debt distress. Laotian public debt now stands at $14.5 ...
What is China’s Real Role in Sri Lanka’s Debt Crisis?
Few debt crises have triggered as much disinformation as Sri Lanka’s. The country is currently grappling with a complex debt restructuring process amid its worst economic crisis since independence. The role of Chinese debt has drawn much attention and many false narratives - not least the allegation that Hambantota Port was ...
Possible U.S.-China Cooperation in Sri Lanka?
Sri Lanka is currently scrambling for support amid its worst economic crisis since independence. But the crisis could provide a rare opportunity for cooperation between China and the United States. Qi Zhenhong, China’s ambassador to the South Asian island state, met with his U.S counterpart Julie Chung this week.
China, Cambodia Break Ground on Controversial Navy Base Renovation Project
Cambodian and Chinese officials dismissed international concerns about a new Chinese-financed upgrade of a navy base in the southern Preah Sihanouk province during a groundbreaking ceremony on Wednesday. Defense Minister Tea Banh and China's ambassador Wang Wentian both refuted reports published earlier this week by T
China’s Rivals Consider Implications of Possible New PLAN Base in Cambodia
China's reported desire to build a navy facility in Cambodia is prompting careful scrutiny from analysts in rival nations, notably the United States and Taiwan. Ryan Ho Kilpatrick, a reporter at the Taiwan-government-funded media outlet TaiwanPlus, spoke with Michael Mazza, a defense ...
PLAN Base Story in Cambodia Fits Nicely With China Threat Narrative in U.S.
The Washington Post story is playing nicely in the United States, where suspicions about China's military ambitions are already quite pronounced. It's notable, however, that Senator Hagerty would consider the small base that the PLAN is purportedly building in Cambodia a ...
Wang Yi Wraps Up Central Asia Tour With Promises of Closer Economic and Security Ties
Chinese Foreign Minister Wang Yi is heading home after a four-day trip to Kazakhstan this week, where he sought to bolster trade and security ties with five Central Asian countries. The group, known as the China + Central Asia or C+C5, met ...
China, Kazakhstan Worry About “Spillover” From the War In Ukraine to Countries in Central Asia
Concerns that the ongoing war in eastern Ukraine will spread to Central Asia was a key topic of conversation on Tuesday during talks between Kazakh President Kassym-Jomart Tokayev and visiting Chinese Foreign Minister Wang Yi. Wang also issued a veiled warning to the ...
China, Cambodia Deny Washington Post Report of New PLA Navy Base
Chinese and Cambodian officials were quick to dismiss a Washington Post report this week that claimed the Chinese are building a new base at the Ream naval base in Preah Sihanouk province. "Cambodia won’t allow the Chinese military to use it ...